An Indian Real Estate Brand shows the way to sector's recovery
Mr. Rohit Gupta, CEO, Mantra Properties This year was generally tough for all kinds of businesses because of the Covid-19 pandemic but it was particularly harsh on the real estate industry. The lockdown severely affected the Indian economy and forced real estate companies to shut down ongoing project work overnight. Soon, migrant labourers started moving back to their native villages and the crisis for the real estate sector turned even more serious. While most real estate companies are still struggling with the aftereffects of the lockdown, one company, Mantra Properties, has shown exemplary growth even in these times of great adversity. Mantra Properties, a young Pune-based real estate company, sold a record 675 units between August and October 2020. Much of the credit for this success goes to the dynamic Sales & Marketing team at Mantra Properties. “We’re very proud to have achieved what we did, and it became possible because of the hard work put in by all the members of our team. We’re very excited for the future and will march ahead with a lot of expectations in 2021,” says Nitin Gupta, Sr. Vice President, Sales, Marketing & CRM, Mantra Properties. So far, Mantra Properties has delivered 11 projects and with over 66 Lacs sq. ft under construction in 15+ ongoing projects across North, East, West and South of Pune and PCMC. Mantra Properties has been successful in transforming itself into a dynamic and rapidly expanding organization. Today, it is among Pune’s fastest growing real estate companies. It is worth mentioning that Mantra Properties' success story is a testimony to the Mantra Group’s longstanding commitment to quality, be it in real estate, trade, or any other industry. Established more than five decades ago as a retail establishment by Puranchand Gupta, Mantra Group grew progressively into businesses that have established a benchmark of quality and trust. Apart from Mantra Properties, the companies under the group are: